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Why Millennial Women Can’t Ignore the Gender Pay Gap

A survey finds millennial women don’t think the wage gap applies to them — here’s why that’s a dangerous mindset.

Are you impacted by the gender pay gap?

If you're a millennial woman, you probably don't think so, according to this Fortune.com piece.

More than half of the 10,000 millennial women surveyed by Levo, a New York-based career platform, said they didn't believe the wage gap applied to them. But, Levo cautions against becoming too complacent — millennial women are likely to be impacted by the wage gap in the future.

The gap grows with age. Overall, women in the United States alone are paid 79 cents for every dollar paid to men. While the money missing from women's paychecks may seem minimal, close to $500,000 lost in a lifetime is not.

Research suggests that millennial women are, in fact, paid $5,000 less per year compared with their male counterparts, according to the American Association of University Women. The gender wage gap is prevalent just one year out of college, even between those who majored in the same field, according to the American Association of University Women.

In fact, if current trends continue, it will take 44 years — until 2059 — for women and men to reach pay parity, according to the Institute for Women's Policy Research.

The wage gap persists regardless of education level and across all industries. Women with master's degrees receive just 72 cents for every dollar paid to men with masters. Across all industries, including in Hollywood, women are paid less than men.

What do you think needs be done to eliminate the gap? Being hopeful doesn't help: Let's continue the discussion and realize that the gender wage gap is everyone's business.